The Aam Aadmi Party has made welfare guarantees, subsidies, and government schemes the hallmark of its governance model, with almost every announcement presented as a major achievement. But Punjab is already one of India's most debt-stressed states, facing rising borrowings and mounting fiscal pressure. Every new promise may bring immediate relief, but who will ultimately pay for it ? If today's political promises are financed by tomorrow's debt, is the Government solving Punjab's problems, or simply postponing them ? Has governance become an auction of promises, with Punjab's future footing the bill ?

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